International Anti-Corruption Commitments

Title of the document

(https://au.int/sites/default/f...)

Issuing body

African Union

Brief description

The Special Declaration endorsed the findings and recommendations of the African Union/United Nations Economic Commission for Africa’s High Level Panel Report on Illicit Financial Flows from Africa. In addition, the Assembly resolved to ensure that all the financial resources lost through illicit capital flight and illicit financial flows are identified and returned to Africa to finance the continent’s development agenda and directed the African Union Commission, supported by Member States, to mount a diplomatic and media campaign for the return of illicitly acquired African assets

Relevant excerpts

We hereby:
1. ENDORSE the findings and recommendations of the High Level Panel on Illicit Financial Flows from Africa;
2. DECLARE our COMMITMENT to end the chronic illicit financial flows from Africa which is a huge hindrance to sustainable social and economic development of our continent;
3. RESOLVE to ensure that all the financial resources lost through illicit capital flight and illicit financial flows are identified and returned to Africa to finance the continent’s development Agenda. In this regard DIRECT AUC, supported by
member states, to mount a diplomatic and media campaign for the return of illicitly outflown assets.
4. FURTHER DECLARE our COMMITMENT to adopt and implement the findings and recommendations of the High Level Panel on Illicit Financial Flows from Africa and in this connection, we REQUEST the Commission, in collaboration the
Economic Commission for Africa, African Development Bank and the RECs to follow-up on the implementation of the recommendations of the High Level Panel report and submit progress reports on the achievements to the Assembly annually
5. CALL UPON the International community to adopt and implement the findings and recommendations of the High Level Panel on Illicit Financial Flows from Africa
9. EXPRESS the need to ensure that Illicit Financial Follows and their impact on
domestic resources mobilization is given the necessary attention by the 3rd
International Conference on Financing for Development, and in this regard, stress
the need for robust international cooperation to address the problem.